NOT LISTED FOR SALE

704 N Vine Ave Farmington, NM 87401

Estimated Value: $263,000 - $454,000

-- Bed
4 Baths
3,963 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 06, 2024

Current estimated payment $1,921/month

22 Days on Market

Highlights

  • 1-Story Property
  • Refrigerated and Evaporative Cooling System
  • Fenced
  • Forced Air Heating System
  • Concrete Flooring

About This Home

As of September 2024

Investment Property - Rental. 1. site Built home, 1610.00 2. Single Wide Trailer 1100.00 3. SINGLE WIDE TRAILER 1000.00 4. MH SPACE 450.005. MH SPACE 450.00TOTAL RENT 4610.00 PER MOALL UTILITIES PD BY TENANTS PROPERTY CONTAINS 2 LOTS .33 AND .766acVERY GOOD ROIOwner will do REC

Last Agent to Sell the Property

Rick Mace

Coldwell Banker Cornerstone License #45809 Listed on: 07/25/2024

Coldwell Banker Cornerstone

Last Buyer's Agent

Jared Blake

R1 New Mexico Farmington License #REC20240271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Lot Details

  • Fenced
  • Property is in good condition

Parking

  • Carport

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Metal Roof
  • Aluminum Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4 Full Bathrooms
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Concrete

Schools

  • Mckinley Elementary School
  • Tibbetts Middle School
  • Farmington High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 5 Units
  • Cherry Acres Replat Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,352

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Rick D Mace
  • Listing Office Short Id: 124
  • Number Of Stories: One
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: jaredblake
  • FILLSUBDIVISION: Cherry Acres Replat
  • Property Sub Type: Income Residential
  • Type of Tenancy: Month - Month
  • Special Features: None

Interior Features

  • Basement Bathrooms: 4.00
  • Updated Floor: Crawl Space, Slab
  • Unit Features: Carpets, Fenced Area, Washer/Dryer Hkups

Exterior Features

  • Property Condition: Good
  • Exterior Construction: Alum Sdng/Steel Bldg, Concrete Block, Frame/Stucco
  • Roof: Metal, Tar & Gravel

Garage/Parking

  • Parking: Carport

Utilities

  • Cooling: Evaporative Central, Evaporative Window
  • Heating: Forced Air, Gas
  • Security: Smoke & Heat Detectr
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 5

Schools

  • Elementary School: McKinley Elementary
  • High School: Farmington High School
  • Middle School: Tibbetts Middle School

Lot Info

  • Lot Size: 1.096
  • Zoning: Multi-Fam Low Dens

Multi Family

  • Number Of2 Bedroom Units: 2.00
  • Total Full Baths: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 6, 2024
Sold by
Mace Mechelle A
Bought by
Mrv Vine Ave Llc
Seller's Agent
Rick Mace
Coldwell Banker Cornerstone
Buyer's Agent
Jared Blake
R1 New Mexico Farmington
List Price
$459,888
Views
5
Current Estimated Value
$343,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.27%

Purchase Details

Listed on
Jul 29, 2020
Closed on
Jul 29, 2020
Sold by
Edstrom Gene H and Edstrom Deborah A
Bought by
Mace Mechelle A
Seller's Agent
Sandy Foxwell
Coldwell Banker Cornerstone
Buyer's Agent
Rick Mace
Coldwell Banker Cornerstone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.80%
Original Mortgage
$147,250
Outstanding Balance
$104,788
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$238,905
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mrv Vine Ave Llc -- San Juan County Abstract & Tit
Mace Mechelle A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mace Mechelle A $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2024 09/06/24 Sold -- -- --
08/16/2024 08/16/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $459,888 -- $116 / Sq Ft
07/29/2020 07/29/20 Sold -- -- -- View Prior Sale
Source: San Juan County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,352 $56,865 $0 $0
2023 $1,352 $55,209 $0 $0
2022 $1,289 $53,601 $0 $0
2021 $1,256 $52,659 $0 $0
2020 $1,274 $53,573 $0 $0
2019 $1,231 $52,013 $0 $0
2018 $1,174 $49,028 $0 $0
2017 $1,125 $47,600 $0 $0
2016 $1,087 $46,214 $0 $0
2015 $1,069 $46,214 $0 $0
2014 $973 $42,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 24-890

APN: 0027905